2020 is most likely to see a similar change for the Bitcoin price, where the miner fee is going to be halved from 12.5 to 6.25. It is going to take place on May 27th, 2020. The crypto enthusiasts have participated on twitter saying they believe that the Bitcoin price will be skyrocketing during the BTC halving stage. To be precise, 61% of 2500 accounts believe that the price will soar from now until the halving, while 25% believe that the price increases will come after the halving.
Months away from the halving event, there is a continuous buzz on this as to what can happen to the price of bitcoin before, during and after. The main consensus is that this can trigger an upward movement for the price similar to burning tokens to minimizing the supply. Will halving be the catalyst that can push bitcoin way beyond the $20,000 zone...many are hoping this can happen and I am one of the many expecting the same. Whether we can be disappointed or not...that remains to be seen.